Start Your Application

Receive Your Free Quote

Buy Your Surety Bond

Lance Surety Bonds represents the top bonding companies in the nation, who can write bonds in the state of Indiana at excellent rates. Because of our relationships with these companies and our agency's in-house authority, we are confident in our ability to find you the lowest rate on all types of Indiana surety bonds. Applicants with bad credit can also get bonded in Indiana through our special bad credit program.

So if you need to get bonded in the state of Indiana, you've come to the right place!

To find out more about your Indiana surety bond - how much it costs, what types of bonds in Indiana we offer, and how you can get bonded - look at the FAQ section below!

To apply for your Indiana surety bond right away, use our search tool below. Once you've found your bond, simply click on the application button and proceed with your application! To speak to one of Lance Surety Bond's experts and receive advice or support during your application, call us at (877)-514-5146. We will be happy to help you!

Frequently Asked Questions

How Much Does a Surety Bond Cost in Indiana?

The cost of your Indiana surety bond is directly linked to the type of bond you are applying for. Most license and permit bonds have their amounts determined by state governments. There are also a handful of bonds whose amounts are fixed on a federal level, such as freight broker bonds. The amount of contract bonds is not fixed by the state but rather depends on the project and its contract.

Your Indiana surety bond's amount is different from its cost, though. The cost of your bond - or the premium rate at which you obtain your bond - is a fraction of the total amount of your bond. How high or low your your surety bond rate is, depends on the following factors.

The primary financial factor that surety bond companies take into account when determining your rate is your personal credit score. Applicants with good credit score can usually get their Indiana surety bond at standard market rates. Standard market rates vary between 1%-4% of the total amount.

Applicants who are further able to present good personal and business financial statements, evidence of their industry experience, or the stability of their company also receive a lower rate on their Indiana surety bond.

Indiana Bad Credit Surety Bonds Program

Bad credit applicants are also able to obtain an Indiana surety bond. Such applicants go through our special Bad Credit Surety Bonds program. Rates under this program are slightly higher, between 5%-15% of the total bond amount, but offer a possibility for those who are otherwise turned down to get bonded.

And if such applicants improve their credit score over time, they are offered progressively better and lower rates on their bond. Regardless of the program that such applicants apply under, all of our bonds are of good quality!

How to Get Bonded in Indiana

Getting bonded in Indiana is simple. Just apply online through our simple and secure software. As a first step we will provide you with a free ‘no obligations’ quote on your Indiana surety bond. If we need you to provide us with further documentation, we’ll let you know. Once we’ve sorted out all the details, your personal Indiana surety bond will be on its way to you.

By getting your bond with Lance Surety Bonds, you are guaranteed to be served by some of the best surety bond experts in the industry. We are well-established in the surety bond industry and have a very deep understanding of all bonding requirements in all states. Call us at (877) 514-5146 to have your questions answered or receive support. We will be more than happy to respond and help you out!

Types of Indiana Surety Bonds

Through Lance Surety Bonds, you’re able to obtain every type of Indiana surety bond that is required in the Hoosier state. This includes license and permit bonds for businesses who need to get licensed, contract bonds for licensed Indiana contractors, as well as court bonds.

License bonds are all types of surety bonds that are required in order for certain businesses and professionals in the state of Indiana to receive their license or permit. These are the most popular bonds that we underwrite in this state. We have extensive experience with issuing these bonds, such as the Indiana auto dealer bond.

The purpose of license and purpose bonds is to protect the state and public of Indiana.

Contract bonds are the second most popular type of Indiana surety bonds that we offer. These are necessary for licensed and bonded contractors in Indiana whenever they begin work on a construction project. Usually most public construction projects require contractors to get bonded and often private projects will also require their contractors to obtain Indiana contract bonds.

They guarantee the performance of contractors under the project contract and their honesty toward subcontractors and suppliers.

Court bonds are the type of surety bonds that appellate and probate courts may request from appellants or fiduciaries in connection with court cases or judgements.

Top Surety Bond Companies in Indiana

Lance Surety Bonds works with a number of Indiana surety bond companies who are among the best in the United States. All our partners are licensed throughout the whole country and are top companies in the surety bond industry. The surety bond companies in Indiana which we represent have an ‘A.M. Best’ credit rating of ‘A’ and better. They are also T-listed with the U.S. Department of Treasury.

Some of the companies we work with are: Great American Insurance Company, International Fidelity Insurance Company and Philadelphia Indemnity Insurance Company. By getting your Indiana surety bond with us, you will receive the backing of these professionals.

City-Level Bonding Requirements

What Our Clients Have To Say?

Quick response times and turn around for issuing bonds. Great customer service and very knowledgeable. We have used Lance Surety multiple times and have never been disappointed. Highly recommend them and Collette!

Andrew Poincot

Long story short, these guys cut through the B.S. and get the job done. Responsiveness, excellent! Communication, excellent! Respect for their industry partners, excellent! John, Collette, Ryan, you're all-stars! Thank you!

Margie Martinez

We decided for Lance Surety Bond's quote for 2 reasons; Price and Customer Service. Our Representative Ryan was just SUPERB!! [...] I highly recommend Lance Surety Bond for all your Bonding needs! I'll definitely come back for all of mine. :-) Thanks Ryan!